TB MC Qu. 4-30 (Algo) The following Information relates to a... The following information relates to the Magna Company for the upcoming year, based on 420,000 units. Amount Sales Cost of goods sold Gross margin Operating expenses Per Unit $ 4,200,000 $ 10.00 3,360,000 840,000 8.00 2.00 315,000 0.75 $ 525,000 $ 1.25 Operating profits The cost of goods sold includes $1,260,000 of fixed manufacturing overhead; the operating expenses include $105,000 of fixed marketing expenses. A special order offering to buy 58,000 units for $7.90 per unit has been made to Magna. Fortunately, there will be no additional fixed expenses associated with the order and Magna has sufficient capacity to handle the order. How much will operating profits be increased if Magna accepts the special order? Note: Round your answer to the nearest whole dollar. Multiple Choice